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World's Cheapest Car - Tata Nano

You know how much does the world's cheapest car costs? $2,000 for a brand new car from India's Tata. The cheapest the car in the world, Tata Nano was launched in Mumbai on March 23, 2009.The sale of the car will start in Tata showroom in Mumbai on April 9, with 10 million application forms to be selected randomly. Each booking form will be sold for 300 rupees (6 U.S. dollars).

Chairman of Tata Group, Ratan Tata speaks during the launch of the Tata Nano car The Nano, the world's cheapest car, will hit Indian roads in July, four months after its formal launch on Monday, and demand is expected to far outstrip supply as the price tag of around $2,000 draws legions of new buyers.